Convergence Long/Short Equity ETF
CLSE
7 hedge funds and large institutions have $11.8M invested in Convergence Long/Short Equity ETF in 2022 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 2 closing their positions.
1.15% more ownership
Funds ownership: 52.21% → 53.36% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less capital invested
Capital invested by funds: $12.8M → $11.8M (-$976K)
22% less funds holding
Funds holding: 9 → 7 (-2)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$69.1K |
| 2 |
LPL Financial
San Diego,
California
|
+$24.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCAG
First Capital Advisors Group
Little Silver,
New Jersey
|
-$220K |
| 2 |
SIA
SkyView Investment Advisors
Shrewsbury,
New Jersey
|
-$220K |
| 3 |
RP
Riverwater Partners
Milwaukee,
Wisconsin
|
-$76.6K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$48.7K |
| 5 |
Mariner
Overland Park,
Kansas
|
-$17K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RP
1
Riverwater Partners
Milwaukee,
Wisconsin
| $9.63M | -$76.6K | -5,264 | -0.8% |
|
|
2
Mariner
Overland Park,
Kansas
| $1.4M | -$17K | -1,170 | -1% |
|
|
3
Jane Street
New York
| $306K | +$69.1K | +4,750 | +27% |
|
|
4
LPL Financial
San Diego,
California
| $230K | +$24.5K | +1,684 | +11% |
|
|
HI
5
Harbour Investments
Madison,
Wisconsin
| $197K | – | – | – |
|
|
6
UBS Group
Zurich,
Switzerland
| $74K | -$48.7K | -3,348 | -39% |
|
|
PA
7
Parallel Advisors
San Francisco,
California
| $3K | – | – | – |
|
|
FCAG
8
First Capital Advisors Group
Little Silver,
New Jersey
| – | -$220K | -15,233 | Closed |
|
|
SIA
9
SkyView Investment Advisors
Shrewsbury,
New Jersey
| – | -$220K | -15,233 | Closed |
|
CLSE Hedge Fund Activity: Q3 2022 in Review
7 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Convergence Long/Short Equity ETF (CLSE) for Q3 2022, worth a combined $11.8M — down 7.6% from $12.8M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of CLSE and 0 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 2 added.
The largest buyer was Jane Street, adding an estimated $69.1K. The largest seller was First Capital Advisors Group, exiting entirely with an estimated $220K sold.
- 7 institutional investors held Convergence Long/Short Equity ETF (CLSE) as of Q3 2022, down from 9 in Q2 2022.
- Funds reported $11.8M of Convergence Long/Short Equity ETF stock for Q3 2022, down 7.6% quarter-over-quarter.
- 0 funds opened new Convergence Long/Short Equity ETF positions in Q3 2022 and 2 closed out, a net change of -2 holders.
- The largest Convergence Long/Short Equity ETF buyer in Q3 2022 was Jane Street, an estimated $69.1K added.
- The largest Convergence Long/Short Equity ETF seller in Q3 2022 was First Capital Advisors Group, an estimated $220K sold.
Based on aggregated 13F filings for Q3 2022.